Establishes terms for bonds issued by Massachusetts for transportation purposes, limiting the term to 30 years.

This bill sets the terms for bonds issued by the Commonwealth of Massachusetts for transportation purposes. It specifies that the bonds, issued under section 10 of chapter 100 of the acts of 2026, must have a term not exceeding 30 years. The bill declares itself an emergency law, necessary for the immediate preservation of the public convenience.

Establishes terms for bonds issued by Massachusetts for transportation purposes, limiting the term to 30 years.

This bill sets the terms for bonds issued by the Commonwealth of Massachusetts for transportation purposes. It specifies that the bonds, issued under section 10 of chapter 100 of the acts of 2026, must have a term not exceeding 30 years. The bill declares itself an emergency law, necessary for the immediate preservation of the public convenience.